| Sparton Resources Inc. (SRI:TSX-V) (the "Company") is pleased to announce that its secondary uranium recovery program in China has been highlighted in the April 8, 2010 issue of the Economist Magazine.
The article, which focuses on Sparton's unique joint venture with the China National Nuclear Corporation to extract uranium from waste coal ash and other forms of uranium bearing waste, may be read in its entirety at:
At the present time Sparton is the only foreign company permitted to produce uranium from any source in China.
The Company's secondary uranium recovery programs stress the fact that removing radioactive uranium from various forms of waste is environmentally positive. The work is receiving strong support in China from federal provincial and local government agencies. These projects will not only generate new fuel sources for non greenhouse gas producing energy but also provide useful products for recycling into the cement, concrete or filler industries. The Lincang waste ash project is at the bulk sample stage and, subject to financing, is expected to progress to final feasibility within the next 12 months.
The Economist is a weekly magazine of news and opinion, founded in 1843 and published in London, England. It is generally regarded as one of the world's preeminent journals of its kind, and gives thorough and wide-ranging coverage of general news and particularly of international political and technical developments that bear on the world's economy.
Sparton Resources Inc. is a Canadian mining and exploration company presently operating a producing germanium mine in China, developing a secondary uranium recovery business in China and Canada, and exploring for gold in northwestern Ontario.
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Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements that are contained herein, except in accordance with applicable securities laws. Further information on Sparton Resources Inc. is available at www.sedar.com.
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